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1843 South La Brea Avenue

1843 South La Brea Avenue, Los Angeles, CA 90019
Multifamily in Mid City
Sold Jun 23, 2016
$1,350,000
Sold Feb 28, 2014
$1,100,000
$671,000 by Financial Partners Cu
Mortgage Due Mar 01, 2024
Local assessors in Los Angeles, CA have categorized 1843 South La Brea Avenue as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 7,004 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. There are also 8 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1843 South La Brea Avenue has a total of 6,062 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1843 South La Brea Avenue was last sold in Jun 22, 2016 for $1,350,000. According to our calculations, that's $222.70 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Feb 26, 2014. Current property owners are expected to pay $18,813 in taxes per year. The property on 1843 South La Brea Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,536,064. To break that down further, the land itself was valued at $1,075,246. While improvements to the property were assessed at a total of $460,818. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,004
  • Total Building Area: 6,062
  • Gross Building Area: 6,062
  • Building Area: 6,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 6,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5870
  • Land Acres: 0.161
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 5870 LOT/SEC 10 BLK/DIV/TWN 8

Ownership

  • Current Owner : THE KAHENASSA LIVING TRUST
  • Previous Owner : CHA BASILIO SANGLYONG
  • Owner Before Previous Owner: 1843 LA BREA APTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218300

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-A4
  • Subdivision Tract Number: 5870
  • Parcel: 5067-014-026
  • Block: 8
  • Lot: 10
  • Municipality: WEST /MID CTY/PICO UN
  • Latitude: 34.0413
  • Longitude: -118.348

    Address

  • Full Address: 1843 S La Brea Ave
  • Address - House Number: 1843
  • Street Direction: S
  • Address - Street Name: La Brea
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 5420
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,813
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 1,488,421
  • High Value: 1,660,946
  • Low Value: 1,315,895

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,536,064
  • Assessed Land Value: $1,075,246
  • Assessed Improvements Value: $460,818

    Sales

  • Current Sale Contract Date: Jun 22, 2016
  • Current Sale Recording Date: Jun 23, 2016
  • Current Sale Transaction ID: 1614134017
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0724685
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 26, 2014
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL PARTNERS CU
  • Previous Mortgage Transaction Date: Feb 28, 2014
  • Previous Mortgage Loan Amount: $671,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2024

About South LA



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Frequently Asked Questions

What neighborhood is 1843 South La Brea Avenue located in?
The 1843 South La Brea Avenue is a multifamily located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 1843 South La Brea Avenue?
The average sales price for units in 1843 South La Brea Avenue is $0 currently.

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